jcraddock on Nostr: The lowest average annual return on Bitcoin for any for four year period is 28%. ...
The lowest average annual return on Bitcoin for any for four year period is 28%.
Imagine if you put your 20% home downpayment down in bitcoin. On average, your downpayment would pay off the house in less than four years, but even if you picked the top of a cycle, it would be less than ten years.
This week, Proshares announced stock equity ETFs that will be hedged in bitcoin to prevent the loss of value from debasement.
The number of financial products like this will explode in the next few years. You may think, "bitcoin is 16 years old, I'm too late.". You aren't. It's just starting to get interesting.
Imagine if you put your 20% home downpayment down in bitcoin. On average, your downpayment would pay off the house in less than four years, but even if you picked the top of a cycle, it would be less than ten years.
This week, Proshares announced stock equity ETFs that will be hedged in bitcoin to prevent the loss of value from debasement.
The number of financial products like this will explode in the next few years. You may think, "bitcoin is 16 years old, I'm too late.". You aren't. It's just starting to get interesting.